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Market Cap 33.18M P/E - EPS this Y - Ern Qtrly Grth -
Income -24.9M Forward P/E -0.25 EPS next Y - 50D Avg Chg -6.00%
Sales 5.55M PEG - EPS past 5Y - 200D Avg Chg -7.00%
Dividend N/A Price/Book 0.72 EPS next 5Y - 52W High Chg -62.00%
Recommedations - Quick Ratio 0.90 Shares Outstanding 97.94M 52W Low Chg 28.00%
Insider Own 3.63% ROA -44.14% Shares Float 83.83M Beta 2.19
Inst Own 14.61% ROE -81.80% Shares Shorted/Prior 4.32M/5.68M Price 0.56
Gross Margin 46.99% Profit Margin - Avg. Volume 189,429 Target Price -
Oper. Margin -343.81% Earnings Date Dec 11 Volume 341,345 Change -6.01%
About Ocean Power Technologies, Inc.

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Ocean Power Technologies, Inc. News
12/18/24 Ocean Power Technologies to Participate in a Fireside Chat on Thursday, December 19, 2024
12/16/24 Ocean Power Technologies Announces Financial Results for Second Quarter Fiscal 2025
12/09/24 Ocean Power Technologies Secures $3 Million in Purchase Order Commitments for WAM-V USV's in Latin America
12/02/24 Ocean Power Technologies Pre-Releases Preliminary Financial Results for Second Quarter Fiscal 2025
11/18/24 Ocean Power Technologies to Release Fiscal 2025 Second Quarter Early Earnings on December 2, 2024
10/31/24 Ocean Power Technologies Secures Follow-On Order for WAM-V 8 and Delivers WAM-V 16 and WAM-V 22 to Latin America
10/28/24 Ocean Power Technologies Completes Major Milestone for Naval Information Warfare Center Pacific’s Project Overmatch
10/21/24 Ocean Power Technologies Appoints Remah International Group as Distributor in the UAE
10/16/24 Ocean Power Technologies to exhibit Autonomous Vehicle Services at ADIPEC with Unique Group
10/15/24 The MicroCap Rodeo Fall Conference to Host Executive Teams of 19 Companies on October 16th in NYC
10/14/24 Ocean Power Technologies Appoints Authorized Service Partner in Kuwait for PowerBuoys® and WAM-Vs®
10/11/24 Ocean Power Technologies to Present at the MicroCap Rodeo Fall Conference in New York City on October 16th, 2024
10/07/24 Ocean Power Technologies Confirms Shipment of AI capable Merrows™ PowerBuoy® for the Middle East
10/02/24 Ocean Power Technologies Announces $1.1 Million Preliminary Award from the New Jersey Economic Development Authority (NJEDA) Technology Business Tax Certificate Transfer Program
09/27/24 Ocean Power Technologies Ships Multiple Unmanned Surface Vehicles to US Government
09/25/24 Ocean Power Technologies Signs Agreement with Serviço Nacional de Aprendizagem Industrial to Advance Autonomous Ocean Developments
09/16/24 Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2025 Results
09/12/24 Ocean Power Technologies Awarded $1M Contract for Naval Information Warfare Center Pacific’s Project Overmatch’ Mission Autonomy Proving Grounds
09/10/24 Ocean Power Technologies Completes AI capable Merrows™ PowerBuoy® for Delivery to the Middle East
09/09/24 Ocean Power Technologies Completes New WAM-V for Immediate Delivery to Latin America
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Slaiby Peter E. Director Director Sep 28 Buy 0.39 25,000 9,750 96,577 10/02/23
Stratmann Philipp President and CEO President and CEO Sep 15 Buy 0.4126 12,115 4,999 93,807 09/18/23
Stratmann Philipp President and CEO President and CEO Jan 13 Option 0.74 21,000 15,540 104,662 01/17/23
Powers Robert Patrick Senior VP and CFO Senior VP and CFO Jan 13 Option 0.74 10,889 8,058 48,389 01/17/23